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110 West Main Street, Rogue...

Equity Advantage, LLC Acquires Retail Condo In Rogue River For $2.1M
SOLDRetail

Equity Advantage, LLC Acquires Retail Condo In Rogue River For $2.1M

110 West Main Street, Rogue River, OR, USA

$2,131,012

$234/SF

Building Size

9,100 SF

Asset Type

Retail

Closing

May 5, 2019

AI

110 W Main St, located in Rogue River, was recently sold as a retail condo. The transaction took place on May 6, 2019. The property, with a size of 9,100 square feet, was purchased for a price of $2,131,012. This equates to a price per square foot of $234.18. The buyer in this deal was Equity Advantage, LLC, while the seller was Alexander C. Hyde, Jr., 2013 Trust. The transaction was facilitated by John Lally, Ryan Serling, and Martin Agnew, representing the respective parties involved.

Summary of transaction details:

  • Property Type: Retail Condo
  • Transaction Amount: $2,131,012
  • Address: 110 W Main St
  • Market: Rogue River
  • Square Footage: 9,100
  • Price per Square Foot: $234.18
  • Buyer: Equity Advantage, LLC
  • Seller: Alexander C. Hyde, Jr., 2013 Trust
  • Brokers: John Lally, Ryan Serling, Martin Agnew

The successful sale of this retail condo in Rogue River was made possible by the collaboration of Equity Advantage, LLC as the buyer and Alexander C. Hyde, Jr., 2013 Trust as the seller. Both parties were represented by their respective brokers: John Lally, Ryan Serling, and Martin Agnew. This transaction highlights the active real estate market in Rogue River and the value of retail properties in the area.

Players

Martin Agnew

Marcus & Millichap

Broker

$453.4M

vol

125 deals

Broker

Rogue River Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.44%

Cash-on-Cash

-2.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93